Moving Average Ninja

The Moving Average Ninja, by 5 Star Forex Systems, is a price action based, color coded moving average.

It can be used on all currency pairs, stocks, commodities, etc.

• The moving average is blue in bullish trend.
• Yellow when the trend is flat.
• Red when the trend is bearish.

Default setting is MA 200, which can be altered by the user in the "inputs" area of the indicator.

Recommended Settings:

• H4 and higher - MA 200
• H1 - MA 100
• M30 - MA 50
• M15 - MA 20
• M5 - MA 20

It is not recommended to use anything less than MA 20 when trend trading with this indicator.